✨ Gas Industry Financial Disclosures
2824 NEW ZEALAND GAZETTE No. 118
ORION NEW ZEALAND LIMITED
The following public disclosures are made by Orion New Zealand Limited (“Orion”) in accordance with the Gas (Information Disclosure) Regulations 1997 (the “Regulations”).
The disclosures cover the period from 1 April 1998 to 31 March 1999 and provide comparatives for prior years where required by the Regulations.
Gas (Information Disclosure) Regulations 1997
Regulation 6 - Financial Statement disclosure by pipeline owners
STATEMENT OF FINANCIAL PERFORMANCE
| For the year ended 31 March | Distribution 1999 $000’s | Distribution 1998 $000’s | Retail 1999 $000’s | Retail 1998 $000’s |
|---|---|---|---|---|
| Revenue | 71,393 | 77,551 | 176,634 | 161,672 |
| Expenses | 50,582 | 48,437 | 138,961 | 160,102 |
| Surplus before taxation | 20,811 | 29,114 | 37,673 | 1,570 |
| Taxation expense | 23,279 | 11,619 | 938 | 518 |
| Net surplus after taxation attributable to Parent Company shareholders | (2,468) | 17,495 | 36,735 | 1,052 |
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VUW Te Waharoa —
NZ Gazette 1999, No 118
NZLII —
NZ Gazette 1999, No 118
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🏭 Financial Performance Disclosure by Orion New Zealand Limited under Gas (Information Disclosure) Regulations 1997
🏭 Trade, Customs & IndustryGas industry, Financial performance, Distribution, Retail, Taxation, Orion New Zealand Limited